Tom Lee: US Stocks Expected to Hit New Highs, But Bear Market May Come Later This Year

SmartContractAuditor · 2026-03-16T12:02:29+00:00

Odaily Planet Daily Report: Tom Lee stated in a recent CNBC interview that U.S. stocks still have upward momentum in the short term, and he expects the S&P 500 to continue rising in the coming weeks. However, the U.S. stock market will enter a bear market this year, though it will climb to new record highs before that occurs. He believes that software stocks, the "Magnificent Seven," and crypto assets have already undergone early adjustments, and speculative bubbles have been partially released. Additionally, Lee pointed out that rising oil prices are actually beneficial for the U.S. economy and capital inflows, because as an energy exporting nation, the U.S. will benefit from relative growth.

SmartContractAuditor

2026-03-16 12:02:29

Odaily Planet Daily reports that Tom Lee stated in a recent CNBC interview that U.S. stocks still have short-term upward momentum, and he expects the S&P 500 to continue rising over the next few weeks. However, the U.S. stock market will enter a bear market this year, although it will first climb to new record highs. He believes that software stocks, the “Big Seven,” and cryptocurrencies have already experienced adjustments, and the speculative bubble has been somewhat deflated. Additionally, Lee pointed out that rising oil prices are actually beneficial for the U.S. economy and capital inflows because the U.S., as an energy exporter, will benefit from relative growth.

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